answersLogoWhite

0


Best Answer

Pay off the loan.

User Avatar

Wiki User

โˆ™ 2007-03-16 23:21:46
This answer is:
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
User Avatar
Study guides

What is forfeiture

Which of these is the best description of delinquency

Which term is defined as property that is pledged as security on a loan

This is Paula's monthly budget What percent of her expenses is spent on insurance

โžก๏ธ
See all cards

Economics

30 cards

The existence of an international division of labor among countries enables those countries to have what

What provides a bank with collateral on a car loan

What is one of the disadvantages of getting a government-sponsored mortgage

What does a good credit history do for consumers

โžก๏ธ
See all cards

Economics

31 cards

The existence of an international division of labor among countries enables those countries to have what

What provides a bank with collateral on a car loan

What is one of the disadvantages of getting a government-sponsored mortgage

What does a good credit history do for consumers

โžก๏ธ
See all cards

Add your answer:

Earn +20 pts
Q: How can you stop a vehicle repossession?
Write your answer...
Submit
Related questions

How do you stop repossession of vehicle?

pay what you owe


When a repossession notice has been issued for a motor vehicle can the registration be renewed and if the car is pulled over by the police will the police hold the car?

A "repossession notice" is a civil matter. A police oficer cannot hold the vehicle for repossession. Unless, there has been a court proceeding and the judge has ordered the vehicle held if stopped. A repossession notice also cannot stop the registration of a vehicle.


What are car repossession laws in Missouri regarding notification to auction a vehicle?

what are the legalities of voluntary vehicle repossession


A sample letter of vehicle repossession for the state of Texas Where can you find one?

Sample letter of vehicle repossession for the state of texas


If you make one payment when payments are behind can this stop the repossession?

Check your loan contract, but in most cases (99.99%) if the payment does not represent the total past due amount, or if you do not have arrangements with the lender setting asside repossession actions in lieu of payment arrangements, no; one payment toward a past due balance will not stop or delay repossession of the vehicle.


How do you stop a repossession in process?

Pay the past due amount on the loan or pay the loan in full. In the event you are able to do this, it is a good idea to have the lender contact the repossession agency to cancel the repossession while you remain on hold. If you fail to do this, it could take several hours for them to notify the repossession agency, and your vehicle could still be taken.


Will Harley dealership repossess when in for service?

Dealerships are not typically recognized repossession agents, however, if you bring in a vehicle for service, and a valid repossession order exists for that vehicle, the delareship may secure the vehicle for the lender so that repossession may take place.


What is the statute of limitations in Georgia for repossession of a vehicle?

I don't think there is a statute of limitation on repossession of a vehicle anywhere as long as there is an overdue payment outstanding.


Can an automobile be repossessed in Illinois if the owner is present?

Sure. The owner can't stop the repossession and is aware of the incident, which makes it easier for everyone. * Not if the person is in the vehicle or the repossession agent would be committing a breach of peace, such as appearing at a neighbor's or public place where the borrower was and requesting the keys or another vehicle be moved, etc.


How will one be able to stop the repossession of a vehicle?

Sometimes one can negotiate with the company holding title to the automobile and work out a payment schedule to pay back the amount in arrears, but some companies will not negotiate at all. The easiest way to prevent a vehicle repossession is to ensure that all payments are made according to the payment terms.


Will bankrupcy stop a garnishment?

Will bankruptcy stop a repossession


What is willing repossession?

a voluntary repossession is where you turn over the vehicle instead of us having to come get it from you. www.aerecoveryandtowing.com


Can they repo another vehicle for ransom my daughter was told this by the repo man?

No. The only vehicle that can be repossessed is the vehicle for which the agent has a valid order of repossession, OR in some cases, a vehicle the agent encounters (such as reported by a camera car) in the process of locating another repossession. Anything other would be wrongful repossession or possibly grand theft auto and extortion.


What do you do if you get sued for repossession of a vehicle?

Contact an attorney.


Is repossession of a vehicle in Illinois allowed?

Yes


How long after repossession of your vehicle does the lien-holder have to sell the vehicle?

Forever Adding: I believe the questioner may actually mean to say - does the lien holder have to wait to sell it. Perhaps he doesn't understand that after repossession, it is then "their", that is the lenders, vehicle.


Is it illegal to hide a vehicle in Utah if facing repossession?

No.


Do you have a right to have a repossession letter before my vehicle is repossessed?

no


Can Repo Investigator Charge me with Felony in Ohio for not finding my vehicle?

As a repossession investigator and agent liason, I can tell you that yes, in fact, I know of several instances of felony charges being filed against an individual for hindering repossession of a vehicle. Your lawyer's response may have been motivated more by the fact that he felt confident that he could successfully prevent prosecution, but nothing will prevent the vehicle from being repossessed aside from the destruction of the vehicle. In the event the possessor of a vehicle under repossession were to destroy a vehicle to prevent that repossession, he could then be charged with malicious destruction of private property and hindering a lender.


What is one way to stop repossessions?

One way to stop a repossession on anything is to make sure your bank actually has the proper paperwork filled out, and if not, file for a legal injunction to stop or delay the repossession.


Can you be arrested for vehicle embezzlement if you are knowingly hiding a vehicle from a repossession agency in the state of Arizona?

yes.


What is a repair facility's reonsibility regarding vehicle repossession?

They have no liability for a vehicle repossessed lawfully from their property.


Who is responsible for damage to a vehicle during a repossession?

the person the vehicle was leased to is responsible as they are the ones that have caused the vehicle to need to be repossessed.


Is it illegal to conceal a car from repossession in Florida?

Concealment of a car up for repossession in Florida is a felony. You can be charged with hindering a lender in repossessing a vehicle, or even grand theft auto. Additionally, the state of Florida will not permit you to register any vehicle in your name if you have an active repossession against you.


What happens if you conceal a car on repossession in Florida?

Concealment of a car up for repossession in Florida is a felony. You can be charged with hindering a lender in repossessing a vehicle, or even grand theft auto. Additionally, the state of Florida will not permit you to register any vehicle in your name if you have an active repossession against you.